conference call
posted on
Sep 03, 2008 11:45PM
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
not to do everyone's homework for them but i listened to the call again with no distractions. there are some good little nuggets. not earth shattering, but telling, like so many other signs, pointing towards what they are building. this learning and digging is exciting. Victoria is fascinating. if i was invested in Microsoft or Johnson and Johnson i would be bored and watching crappy reality TV. my hobby will make me rich, other's hobby will make them lazy and gaining weight from riding the couch. thanks victoria.
Raul says
-about Helen zone and the geometry, that they are learning tremendous amounts, burgeoning knowledge, which will lead to a great head start on the many other zones we have at cove.
- they are confirming the geometry through the drilling. this is huge.....basically they are nailing what they believe is below ground just from surface mapping and the drill is proving it. Raul's systematics are successful so far.
-" gold in adequate amounts is there" in reference to Helen and cove
- we know this already but bares repeating, mill canyon had spectacular numbers back in 2004. it was not abandoned on Raul's part but lack of funding and unknown motives by tom garagan and Clive Johnson caused a halt in the follow up. the land is still there, we have a better leadership AND Raul has learned even more, mapped three different areas of mill and one day we will attack again. mill is so complex because of the displacement but one of my favorites can't wait to see them tackle it.
- hilltop 7 has "more exceptional mineralization then the mill canyon holes", careful to say "no known gold yet" but WOW...there were some amazing holes at mill, strong statement
- big springs called a "no brainer"
-big springs- "Carlin type systems are present"
- "Santa Fe shows potential for a large system" from what has already been done and Raul feels it could grow bigger by "leaps and bounds"
- "very few things in Nevada have this type of potential" !!!!!!
- " clearly high potential for convergence zones at depth"